Protein Polymer Technologies, Inc. (fka PPTIQ)

[kruy]

I'm pretty certain the total O/S is 113M. The company had to clean up all convertibles and loose end offerings and cancalled/unregistered them over a year ago. This was mandated by corporate investers wanting to come on board at the time and was a precondition, which allowed them to verify exactly how many shares they had to deal with in restructuring the company.

Question I and another shareholder have..the company has accumulated tens of millions of tax loss write offs over the last 15 years or so and still carries them on the books..can these writeoffs be considered an asset of the shell or do they simply dissappear?